DENTAL ELS: what changed
DENTAL ELS
Largest movements
- Cash +€83,745
up €83,745 (+52.4%), from €159,849 to €243,594
mainly Net result for the year (+€64,701) and Depreciation (+€29,188)
- Tangible fixed assets -€18,096
down €18,096 (-13.1%), from €137,984 to €119,888
of which Furniture and vehicles: -€11,650
- Receivables within one year -€4,932
down €4,932 (-19.5%), from €25,308 to €20,376
of which Other amounts receivable: -€2,936
- Reserves +€29,494
up €29,494 (+26.0%), from €113,574 to €143,068
of which Distributable reserves: +€29,493
- Other debts +€20,506
new in 2025: €20,506
- Profit (loss) carried forward +€14,701
up €14,701 (+9.8%), from €150,330 to €165,031
- Current portion of long-term debt -€8,412
down €8,412 (-38.9%), from €21,606 to €13,194
- Trade debts +€5,944
up €5,944 (+1,130%), from €526 to €6,470
- Gross operating margin +€21,870
up €21,870 (+18.0%), from €121,821 to €143,691
- Taxes +€13,585
up €13,585 (+71.7%), from €18,957 to €32,542
- Staff costs -€3,462
down €3,462 (-19.4%), from €17,861 to €14,399
- Other operating charges +€2,897
up €2,897 (+592%), from €489 to €3,386
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €326,627 | €388,443 | +€61,816 | +18.9% |
| Fixed assets | 21/28 | €137,984 | €119,888 | -€18,096 | -13.1% |
| Tangible fixed assets | 22/27 | €137,984 | €119,888 | -€18,096 | -13.1% |
| Plant, machinery and equipment | 23 | €97,585 | €91,139 | -€6,446 | -6.6% |
| Furniture and vehicles | 24 | €40,399 | €28,749 | -€11,650 | -28.8% |
| Current assets | 29/58 | €188,643 | €268,555 | +€79,912 | +42.4% |
| Amounts receivable within one year | 40/41 | €25,308 | €20,376 | -€4,932 | -19.5% |
| Trade receivables | 40 | €22,372 | €20,376 | -€1,996 | -8.9% |
| Other amounts receivable | 41 | €2,936 | - | -€2,936 | |
| Cash at bank and in hand | 54/58 | €159,849 | €243,594 | +€83,745 | +52.4% |
| Deferred charges and accrued income | 490/1 | €3,486 | €4,585 | +€1,099 | +31.5% |
| Total equity and liabilities | 10/49 | €326,627 | €388,443 | +€61,816 | +18.9% |
| Equity | 10/15 | €276,304 | €320,499 | +€44,195 | +16.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €113,574 | €143,068 | +€29,494 | +26.0% |
| Non-distributable reserves | 130/1 | €2,158 | €2,159 | +€1 | 0.0% |
| Reserves not available under the articles | 1311 | €2,158 | €2,159 | +€1 | 0.0% |
| Distributable reserves | 133 | €111,416 | €140,909 | +€29,493 | +26.5% |
| Profit (loss) carried forward | 14 | €150,330 | €165,031 | +€14,701 | +9.8% |
| Amounts payable | 17/49 | €50,323 | €67,944 | +€17,621 | +35.0% |
| Amounts payable after more than one year | 17 | €4,382 | - | -€4,382 | |
| Financial debts | 170/4 | €4,382 | - | -€4,382 | |
| Amounts payable within one year | 42/48 | €45,941 | €67,944 | +€22,003 | +47.9% |
| Current portion of amounts payable after more than one year | 42 | €21,606 | €13,194 | -€8,412 | -38.9% |
| Trade debts | 44 | €526 | €6,470 | +€5,944 | +1,130% |
| Suppliers | 440/4 | €526 | €6,470 | +€5,944 | +1,130% |
| Taxes, remuneration and social security | 45 | €23,809 | €27,774 | +€3,965 | +16.7% |
| Taxes | 450/3 | €8,521 | €18,015 | +€9,494 | +111% |
| Remuneration and social security | 454/9 | €15,288 | €9,759 | -€5,529 | -36.2% |
| Other amounts payable | 47/48 | - | €20,506 | +€20,506 | |
| Remuneration, social security and pensions | 62 | €17,861 | €14,399 | -€3,462 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,731 | €29,188 | -€543 | -1.8% |
| Other operating charges | 640/8 | €489 | €3,386 | +€2,897 | +592% |
| Gross operating margin | 9900 | €121,821 | €143,691 | +€21,870 | +18.0% |
| Operating profit (loss) | 9901 | €73,740 | €96,718 | +€22,978 | +31.2% |
| Financial income | 75/76B | €1,023 | €1,842 | +€819 | +80.1% |
| Recurring financial income | 75 | €1,023 | €1,842 | +€819 | +80.1% |
| Financial charges | 65/66B | €1,477 | €1,317 | -€160 | -10.8% |
| Recurring financial charges | 65 | €1,477 | €1,317 | -€160 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €73,286 | €97,243 | +€23,957 | +32.7% |
| Income taxes | 67/77 | €18,957 | €32,542 | +€13,585 | +71.7% |
| Profit (loss) for the period | 9904 | €54,329 | €64,701 | +€10,372 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,329 | €64,701 | +€10,372 | +19.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.